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Author Topic: Why are they afraid of bitcoin?  (Read 2681 times)
Ian Dave
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February 20, 2018, 03:53:46 AM
 #381

They afraid of bitcoin because they think that their time will be a waste. They believe that they can't get money here. They don't have the knowledge and they don't understand what is Bitcoin. What do they do with their money. But they need a guide from the forum.
Nilda
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February 20, 2018, 07:33:05 AM
 #382

People are always afraid of something different. That’s why more people are into paper money and gold. Some don’t even want to use credit or debit cards. They want something that they can touch with their hands. Afraid of the unknown. Bitcoin is like ghosts and aliens to these people. Nobody has seen one but are afraid of the two.

ghost424
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February 20, 2018, 07:48:48 AM
 #383

One of the reasons why people are afraid of Bitcoin is the fact that they are not knowledgeable about the advantages it can help our community and surroundings. If we use Cryptocurrency in a good way, then nobody will be afraid with the use of it. They are also scared of investing their money into something they are not sure.
rhayot
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February 20, 2018, 09:15:22 AM
 #384

They are afraid to invest in bitcoin because bitcoin was created in a software, nor in a thin air. Because people believes that when you are investing you should have a proof that this thing is profitable. Even me at first, I don’t believe in bitcoin because it is hard to believe that in an online you are earning such thing. But, if you do research about it and you open your mind about bitcoin by trading and investing, you will have a good financial support.
Bedebah
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February 20, 2018, 09:41:22 AM
 #385

Maybe because they scared to lose there money. Because they dont know how bitcoin work and how it multiple your money in juat month or a year. People are need evidence order to believe and many of them are ignorant
Yes, most of them feel bitcoin is a threat because the number of bitcoin users continues to increase so they make bitcoin as a threat, they do not feel comfortable with the present situation so that if there is a change then they think that the change will threaten their wealth.
AliMan
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February 20, 2018, 02:29:14 PM
 #386

Maybe because they scared to lose there money. Because they dont know how bitcoin work and how it multiple your money in juat month or a year. People are need evidence order to believe and many of them are ignorant
Yes, most of them feel bitcoin is a threat because the number of bitcoin users continues to increase so they make bitcoin as a threat, they do not feel comfortable with the present situation so that if there is a change then they think that the change will threaten their wealth.
They are afraid of bitcoin because they are lacking of knowledge on how bitcoin works. They are also afraid to invest because maybe they think they will lose a big amount of money if they invested. They dont know the advantages of having a bitcoin. And one more thing is that bitcoin is not the era of our parents, some of the wealth of the family is coming from our parents.

Boybugwal760820
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February 21, 2018, 02:33:15 AM
 #387

We all know that there are many people right now who are still afraid in investing to bitcoin... or whenever they hear the word bitcoin they will feel suspicious about it, for them bitcoin is just another form of fraud that will only rob the money of those people who will try to invest on it, so every time when they hear the word bitcoin for them it is just nothing but a pyramiding schemes.
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February 21, 2018, 02:54:31 AM
 #388

we small communities who are new to bitcoin are afraid of failure or loss investing in bitcoin while for the government afraid of bitcoin because it will destroy the economic order of the nation's economy is not stable in my opinion.
lyks15
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February 21, 2018, 03:06:54 AM
 #389

I think they are afraid of bitcoin because they do not know bitcoin and all benefits that bitcoin can give to us. And may be they only heard something not good coming from the bitcoin bashers that cannot do or without any knowledge about bitcoin. Maybe they are not afraid because they are only no trust in investing on online business. I understand them because all of us wants a secure investment. Or maybe they are afraid because they are already experience to be pool of some business scammer so they are very careful in dealing in any business specially at bitcoin.

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Byatt
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February 21, 2018, 03:12:31 AM
 #390

People who has no knowledge about bitcoin might feel afraid about it, some of them may heard bitcoin is a scam not knowing that if your in the right train in the bitcoin it will give you the freedom of financial. 
tanginamoo
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February 21, 2018, 12:13:29 PM
 #391

People who has no knowledge about bitcoin might feel afraid about it, some of them may heard bitcoin is a scam not knowing that if your in the right train in the bitcoin it will give you the freedom of financial. 

I agree with this point. In the world of Bitcoin, there is still a misconception that holding or buying a bitcoin has an involvement in scam. In the foremost situation, many people are not enlightened what the bitcoin really is. They do not know what the bitcoin can influence and do to their lives.

Morticio
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February 21, 2018, 12:21:07 PM
 #392

some people are afraid of bitcoin because they are afraid that I can not get it off the exchange. in fact, this is justified fear, there are some problems with the transfer of bitcoin into one of world currencies
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February 21, 2018, 12:22:05 PM
 #393

The Ministry of Finance continues its crusade on bitcoin and is trying to achieve tougher penalties for all those involved in operations using this crypto currency.

According to the draft law, it is proposed to fine not only those who made financial transactions using "money surrogates" (crypto currency), but also those who create software products that allow them to work and disseminate information about their use and release.
Larva14
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February 21, 2018, 12:22:20 PM
 #394

Why are u think that they afraid?
Maybe they all have mining farms in their gardens...
The reason why they afraid in bitcoin is when the price become bubbles or it will dropped to zero. Furthermore, I think the main reason why they afraid is when it will banned in all countries but I hope it would not happen because it will have a negative effect in bitcoin community and industry.
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February 21, 2018, 12:33:25 PM
 #395

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

They are afraid of bitcoin  because  they didn't try it yet how bitcoin  is amazing it, how bitcoin can save lives  and everything   
Many people that answered the questions on here said the same thing. I just curious to see why you think that Bitcoin can save lives?


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domerosan10
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February 21, 2018, 01:40:09 PM
 #396

what to fear?
Fear of bitcoin down and long gone?
I do not think that way, bitcoin is global currency and electric money. Already many people are using it and what else many people are investing in bitcoin. Smiley
Danglen1010
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February 22, 2018, 02:55:00 PM
 #397

Risk that is the common reason why many people are afraid to take the rink but actually the success comes to those who take the risk and do something to overcome all negativities.
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February 22, 2018, 03:02:35 PM
 #398

There plenty of people so afraid on bitcoin investment , because they might have don’t know about bitcoin and it’s market . If we know clear concept of bitcoin investment and it’s market no need to tale tension on bitcoin investments .

kerwin T
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February 22, 2018, 03:17:28 PM
 #399

The best answer for that question is ignorance. They would probably know nothing about bitcoin. And of course, they will not surely invest in this kind of business because they're afraid that this is just a waste of time and worst is it can't be trusted.
tikong
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February 22, 2018, 03:19:05 PM
 #400

They are afraid in bitcoin because they thought that bitcoin is just a scam. And people who are afraid in bitcoin are the ones that who don't understand or have little knowledge on how bitcoin works. Education about bitcoin is the real key for these people to open their mind and accept bitcoins as one of the great investment.
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